Now. And welcome to power lunch. Im milissa lee. Holding steady this hour, dow managed to hit another record high right at the open before pulling back here. Apple one of the biggest drags in the session this after the company acknowledged cellular connectivity problem with its new watch annadarko, a massive buy back and fifth straight day of gains and near session highs on pace for a fifth positive day in six we begin here with a developing story. President trump announcing new sanctions on north korea eamon javers has the latest. Hi milissa. Alongside south koreas president moon at an event in new york city. The president saying, first, the United States had put new sanctions on north korea and also that the chinese president had told chinese central bank, told banks in china not to do business with north korean entities indicating the chinese are getting serious about exactly what he wants them to do in terms of north korean trade what the president had to say thanking chinese presi
Like it or loathe it, it is bigger and more controversial than ever. Facebook closes in on 2 billion users but can it see off the controversy. Also france and Youth Unemployment. Also in the programme, chinas answer to boeing prepares for its Maiden Flight. We start with facebook, because despite the ongoing controversy over everything from fake news to extremist and violent content, the Social Networkjust keeps getting bigger and more profitable. Facebook has been warning for some time it cant keep growing at this rate but the latest results show no sign of a slowdown yet. Take a look at these numbers. Facebook made profits ofjust over 3 billion in the first three months of this year. Thats a jump of more than 76 on the same period last year and more than investors were expecting. Facebook is creeping ever closer to two billion users 1. 91; billion people are now actively using the Social Media Platform every month, up 17 on this time last year. But in recent months theres been growin
To haunt the living. And the banksy of Bad Punctuation Why One Man is roaming the streets of bristol in secret making his mark on incorrect shop signs. Good morning. Its monday 3rd april. Im annita mcveigh. Welcome to bbc Newsroom Live. Five people have been charged over an attack in croydon, which left a teenage Asylum Seeker fighting for his life. The victim, a 17 year old kurdish iranian boy, is in a serious but stable condition after he was allegedly chased and beaten by a gang of 20 people in croydon, south london. Police investigating last fridays taxi three others remain in custody. Our Correspondent Ben Bland is in croydon for us. Bring us up to date. Bring us uptodate. Within the last half an hour, the police have been updating us on there in investigation into this attack, which began at that bus stop just over my shoulder shortly before midnight on friday. Police said they suspect it was a racially motivated attack. There was no reason for it. They said it was horrendous. Th
Faulty takata airbags. They missed estimates by 34 . Alibaba is kicked off an anticounterfeiting group, amid questions of the platforms and worries about a conflict of interest. Alibaba says it must be part of the global fight against fake. To let us know what you think of top stories, you can follow me on twitter at yvonnemantv and do not forget to include the hashtag trendingbusiness. Singapore and malaysia have just come on a line online. How are they digesting this data . Juliette yes, we were pointing to a next session. That is certainly what we are seeing with the ppi numbers coming through the japan, the yen is weakening so japanese stocks are higher and australia due to the fact that we see Good Movement in base metals on friday. Elsewhere, there is data coming through across the board, singapore and malaysia coming down online, all down between. 1 and 0. 2 . The chinese Economic Data coming through on friday, affecting across the board. Markets up without an interesting note s
I am brian sullivan. And we come into the month on a sixmonth win streak for the dow. But thats not how this month is starting. Heres a look at how your money looks right now. The dow down a lot, not a lot 47 points, given what is going on with oil, tyler, it is no surprise that chevron and exxon are two worst performers in the dow. Much more coming up. Oil a big story today, brian, as you point out. Welcome everybody. Im tyler mathisen. Heres what else is happening this hour in your financial world. Crude oil falling below 40 a barrel for the First Time Since april. Oversupply and economic worries continue to pressure crude. Its down more than 20 from junes 2016 highs. And the gaming slump continues in macau. The chinese territory reported its 26th consecutive month of declining gambling revenue in july. The slide has impacted u. S. Companies that operate over in macau, like las vegas sans and wynn resorts. And googles next goal, searching for cures for disease. Googles parent alphabe